$ARB Ranging in High R:R Zone – Breakout Targets at $1/$2/$5

ARB Ranging in High R:R Zone – Breakout Targets at $1/$2/$5

🔹 Trend: Macro downtrend intact, price rejected from descending trendline multiple times.
🔹 Current Drawdown: ~84% from ATH – indicating deep retracement and potential reaccumulation phase.

🔹 Structure: Price consolidating within a defined accumulation range between $0.30–$0.40. Demand is stepping in near range lows with wicks indicating buyer absorption.

Breakout Condition:
 → HTF (weekly) close above $0.48 with strong volume = structural breakout
 → Confirmed breakout above range high + trendline = bullish market structure shift

Upside Targets: $1.00 → $2.00 → $5.00

Invalidation Zone:
 → Clean HTF close below $0.24 = invalidation of accumulation thesis
 → Until then, dips into demand remain buy zones; invalidation only triggered on structural breakdown

R/R Outlook:
 → Wide stop, but multi-x reward setup
 → Favorable for long-term positional entries with defined HTF structure

Accumulation evident in key weekly demand zone. Break above $0.48 = trigger for bullish continuation structure. Until then, watch for HTF sweep + reclaim setups and volume confirmation.

Note: NFA & DYOR